Alberta First Nation votes to accept $150M settlement over mismanaged cattle
STANDOFF, Alta. — Members of a southern Alberta First Nation have voted to accept a $150-million settlement from the federal government.
The Blood Tribe filed a claim nearly two decades ago alleging that Canada had mismanaged their once lucrative cattle business in the early 1900s.
Ottawa accepted the claim in 2011, negotiations began in 2013 and an agreement was reached late last year.
Blood members needed to ratify the deal, and a news release says it has been approved by more than 98 per cent of those who voted this week.